News

Indian Truckers Spend Only 40% of Their Time Driving

Venezuela Crisis Surpasses Great Depression

The collapse of Venezuela’s economy has reached historic proportions, equal to or surpassing the 1929 and 1939 U.S. Great Depressions. That’s according to economist Gerver Torres, a researcher at the Gallup Company and senior associate at the Center for Strategic and International Studies in a recent lecture at the University of Miami’s Robert and Judi […]

Realigning Logistics

FedEx Corp. will realign its specialty logistics and e-commerce solutions in a new structure under FedEx Trade Networks, Inc. (FTN), beginning March 1, 2018. The goal is to create an organization focused on serving the unique needs of this important growth driver. "In order to improve our ability to leverage the unique capabilities of our […]

Special Delivery

With delivery dates of June 2018 and January 2019, Ethiopian Cargo and Logistics Services, a division of the Ethiopian Airlines Group, is leasing the first Aeronautical Engineers Inc.(AEI)-converted Boeing 737-800 freighters (737-800SF) from GE Capital Aviation Services. “In line with our Vision 2025 Ethiopian Cargo and Logistics strategic roadmap, we are expanding our cargo fleet […]

Middle East Gain for Crane

Crane Worldwide Logistics has expanded in the Kingdom of Saudi Arabia, opening a fully operational office based in Dammam. Providing airfreight, ocean freight, and logistics services, the operation is strategically located in Al-Khobar and served by King Fahd International Airport and King Abdul Aziz Port. Crane Worldwide Logistics also has its own entities in both […]

Fleets Don’t Fail Me Now

The number of active fleet management systems deployed in commercial vehicle fleets in Russia/CIS and Eastern Europe was 4.8 million during the fourth quarter of 2016, according to a new report from analyst firm Berg Insight (see chart, right). Growing at a compound annual growth rate (CAGR) of 13.5 percent, this number is expected to […]

WTO Conference Marked by Lack of Consensus on Pretty Much Everything

Nobody left satisfied when the World Trade Organization (WTO) wrapped up its 11th Ministerial Conference in Buenos Aires in December 2017. Here are the highlights: The United States largely withdrew from its traditional leadership role at the WTO conference, expressing interest in developing more direct, bilateral trade deals with trading partners. The European Union (EU) […]

SCPA: One for the Record Books

South Carolina Ports Authority (SCPA) set a new container volume record, handling 2.2 million TEUs during 2017, and posted nine-percent container volume growth. The port’s total container volume in 2017 surpassed the previous record of 2 million TEUs achieved in 2016. In addition, the port moved 182,884 TEUs in December 2017, an increase of 11.2 […]

Shopper Expectations Outpace Retail Investments

Overall shopper satisfaction has significantly improved over the past decade, although shoppers are still not thrilled with retail staff availability and customer service. While four in 10 shoppers surveyed in Zebra Technologies Corporation’s 2017 Global Shopper Study cite being better connected to consumer information than store associates, more than half believe store associates armed with […]

Acquiring Shipt Will Bring Target Shoppers Same-Day Delivery

Target recently acquired Shipt to leverage the same-day delivery company’s proprietary technology platform and community of shoppers, and quickly and efficiently bring same-day delivery to customers across the country. What does this $550-million deal mean for Target and other retailers? "We are now at a point where same-day delivery service is becoming the rule for […]

E-Commerce Warehouses: SuperSize Me

Thanks to e-commerce, the average footprint of warehouses built in the United States since the early 2000s has more than doubled. The largest expansions are in metro areas with the big populations that online sellers covet and the ample land that developers need, according to a new CBRE report. The real estate firm analyzed the […]

Three Supply Chain Trends You Need to Know

The pace of supply chain and logistics transformation shows no signs of stopping in 2018, and changes in commerce, technology, demographics, and regulation will have huge implications for the sector. Three trends to keep top of mind are: 1. The electronic logging device (ELD) rollout in the United States, combined with previously introduced Hours of […]

Lease Me a Loan: Transport Financing on the Upswing

Today more businesses rely on leases, loans, and equipment lines of credit to finance increased spending on new equipment. Businesses have increased their capital equipment spending for the seventh consecutive year, with overall new business volume growing by 2.5 percent, according to a recent Equipment Leasing and Finance Association (ELFA) study. The equipment-financing sector outperformed […]